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Michael A Nuñez

michael.nunez@lptrealty.com +1(305) 218-4329

$ 589,000

Est. payment | -/mo

1 Bed

1 Bath

606 SqFt

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$ 589,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

606 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 606 sqft

Price per Sqft $971

Subdivision 501 First Residences

MLS Listing ID A12015913

Style High Rise

Bedrooms 1

Full Baths 1

HOA Fees $877/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2025

Tax Year 2026

Property Sub-Type Condominium

Property Description

This newly completed 29th-floor residence at 501 First offers an exceptional turnkey opportunity with high-demand skyline views, no rental restrictions, and a prime location in the heart of Miami's rapidly expanding Worldcenter district. Unit 2908 represents a high-yield asset in one of the city's most desirable new developments, perfectly positioned for both short-term rental income and long-term capital appreciation. This 1-bedroom, 1-bathroom unit featuring a sleek, modern floorplan designed for maximum efficiency. Located on the 29th floor, the unit offers 535 square feet of interior living area complemented by an expansive 86-square-foot balcony. The deep terrace provides north-facing views of the evolving urban core, overlooking iconic landmarks like the Freedom Tower and the Kaseya Center. Situated at the epicenter of Miami's multi-billion dollar Worldcenter project, the property offers unparalleled connectivity. Directly adjacent to the Brightline high-speed rail station, offering a critical transit link for travelers and business professionals alike. Steps away from world-class dining, the Miami Heat arena, and the upcoming world-class shopping promenades. The building's policy allowing for unrestricted short-term rentals makes this an ideal candidate for high-frequency vacation rental platforms.

Location

State FL

County Miami-dade

Community 501 First Residences

Area 42

Interior

Interior Features Bedroom on Main Level, Entrance Foyer, Living/Dining Room

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Tile

Furnishings Furnished

Window Features Blinds,Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony, Security/High Impact Doors, Porch

Pool Association, Heated

Amenities Available Billiard Room, Bike Storage, Business Center, Clubhouse, Community Kitchen, Fitness Center, Pool, Spa/Hot Tub, Trash, Elevator(s)

View Y/N Yes

View City, Other, Water

Porch Balcony, Open, Wrap Around

Garage No

Private Pool Yes

Building

Building Description Block, Exterior Lighting

Faces North

Architectural Style High Rise

Structure Type Block

Others

Pets Allowed No

HOA Fee Include Association Management,Amenities,Common Areas,Legal/Accounting,Maintenance Structure,Pool(s),Sewer,Security,Trash,Water

Senior Community No

Restrictions Other Restrictions

Tax ID 01-41-01-008-2980

Security Features Security Guard,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed No

Virtual Tour https://www.zillow.com/view-imx/9de9bb8f-2a92-44ad-b547-4f94f1e48ed1?setAttribution=mls&wl=true&initialViewType=pano

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Cervera Real Estate Inc.

Schools and Properties Nearby

121 NE 5 ST #2908 Miami, FL 33132